September 25, 2025

Gross Domestic Product, 2nd Quarter 2025 (Third Estimate), GDP by Industry, Corporate Profits (Revised), and Annual Update

Real gross domestic product (GDP) increased at an annual rate of 3.8 percent in the second quarter of 2025 (April, May, and June), according to the third estimate released by the U.S. Bureau of Economic Analysis. In the first quarter, real GDP decreased 0.6 percent (revised). The increase in real GDP in the second quarter primarily reflected a decrease in imports, which are a subtraction in the calculation of GDP, and an increase in consumer spending. These movements were partly offset by decreases in investment and exports.

Principal Federal Economic Indicators

Gross Domestic Product
Q2 2025 (3rd)
+3.8%
Personal Income
July 2025
+0.4%
International Trade in Goods and Services
July 2025
-$78.3 B
International Transactions
Q2 2025
-$251.3 B

Noteworthy

The Latest

Personal Income and Outlays, July 1996

| News Release

This release is available as a text file download.

Gross Domestic Product, 2nd quarter 1996 (preliminary); Corporate Profits, 2nd quarter 1996 (preliminary)

| News Release

This release is available as a text file download.

U.S. International Trade in Goods and Services, June 1996

| News Release

This release is available as a text file download.

Gross Product by Industry, 1977-94

| News Release

This release is available as a text file download.

Personal Income and Outlays, June 1996

| News Release

This release is available as a text file download.

Gross Domestic Product, 2nd quarter 1996 (advance) and Revised Estimates

| News Release

This release is available as a text file download.

State Quarterly Personal Income, 1st quarter 1996

| News Release

This release is available as a text file download.

U.S. International Trade in Goods and Services, May 1996

| News Release

This release is available as a text file download.

International Investment Position of the United States, 1995

| News Release

This release is available as a text file download.

Personal Income and Outlays, May 1996

| News Release

This release is available as a text file download.